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Slaughters sets up panel for outsourced business

Whether Slaughters have an appetite or not is hardly relevant in an environment where the volume of 'super premium' work is outside all lawyers' control. In a post credit crunch environment it would be a very unusual client indeed (whether in-house consel or not) to enter any fee negotiation without some budget restriction or constraint. The win at any price price mentality has thankfully been relegated to the casino. Slaughters may be virtually unique in that they rely more on super premium work than most (all?) but transparency is now important too. Surely it is just prudent business practice to seek to control the cost of sales whether you are selling a Mini or a 'Roller'. It would be a surprise if if no LPO panel were in existence. No one, not even Slaughter & May can survive without the application of good management and that is what we are seeing here. Anyone expecting a budget commoditised offering as a consequence is dreaming.

4-Oct-2010

10:03 pm